2024-02-18 10:14:35 ET
Summary
- REITs should perform well in 2024 after a challenging 2023 as the Fed is set to cut rates this year.
- The Real Estate Select Sector SPDR Fund ETF is a way to gain exposure to the REIT sector.
- XLRE has a small portfolio of 34 stocks and performs well compared to peers.
- However, we could select our own portfolio with a higher yield.
Bonds and income stocks should do well in 2024 after a shocking first three quarters of 2023. It may be a bumpy ride higher as the Fed may delay cuts until June or even Q3, but rates are coming down at some point and I think yields have topped....
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XLRE: Could You Do Better?